Staples Inc. agreed to buy Office Depot Inc. for $11 a share, or an equity value of about $6.3 billion, in a deal that would reduce the U.S. office-supply industry to a single major chain.

Office Depot shareholders will get $7.25 in cash and 0.2188 of a share in Staples stock at closing, the retailers said in a statement Wednesday. It represents a premium of 44 percent over Office Depot’s closing share price on Feb. 2.

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